"The core idea of Numerai was to give away all of our data for free, and let anyone train machine learning algorithms on it and submit predictions to our hedge fund."
I've followed @numerai for 10 years, and their 2017 master plan remains a great read. Congrats on securing $500M from JPM.
Numerai identified three trends most investors missed a decade ago. They dismissed Numerai due to its crypto-like product, unlike @Polymarket's familiar Web2 feel.
1. BTC is becoming the internet's reserve currency: Numerai offered BTC payouts when it was $400.
2. Smart contracts will power next-gen internet firms: They built on ETH before the ICO boom.
3. AI will disrupt software and become central to hedge fund infrastructure. No surprise that @huggingface is the next GitHub for machine learning, and @numerai grasped this well.
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